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imageKAMPALA: The Ugandan shilling weakened slightly on Monday after the central bank slashed its benchmark policy rate by 100 basis points to 14 percent as traders sought to beef up their dollar positions.

At 1200 GMT commercial banks quoted the shilling at 3,372/3,382, weaker than Friday's close of 3,365/3,375.

Copyright Reuters, 2016

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